Cords Cable Industries Limited · NSE:CORDSCABLE
Cords Cable Industries — Q2 FY18 Earnings Presentation
28 slides from Cords Cable Industries's earnings presentation, December 2017
Slide 1: Investor Presentation – December 2017
Investor Presentation – December 2017
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Cords Cable Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 3: A Specialized Control and Instrumentation Cable Company
A Specialized Control and Instrumentation Cable Company 95% of our orders are based on customer specifications 85% of our cables constitute Instrumentation & Data Cables and 15% is Power Cables Long standing customer We have approvals from large public relationships of over 20 years sector as well a
Slide 4: Wide Range of Products to Multiple Industries
… offering Wide Range of Products to Multiple Industries Instrumentation Cables Thermocouple Cables Control Cables LV Power Cables 4
Slide 5: With a Diverse Portfolio of Products
… with a Diverse Portfolio of Products Catering to the New Age Demand Thermocouple Cables Control & Electrical Wiring Cables Instrumentation, Signal and Data Cables Application: Application: Application: ✓ Control Cables: Used in interconnection of process ✓ Used in data acquisition systems, compute
Slide 6: Bringing Constant Innovation
… bringing Constant Innovation Special cables Low Temperature Low smoke zero Eurobaslise Cables Fire retardant Halogen Cables Railway Safety Low smoke Cables EPR Oil & Gas Cables Fire Survival Cables Railway Jelly Cables Cables field Quad PV Cables Solar Cables Silicone Rubber Cables Fieldbus Cables
Slide 7: With Focus on Quality
… with Focus on Quality Consistent Quality check at every stage Quality Test Labs Customer Interface Garnered a name for Product Design Customer service Choice of Vendors Timely deliveries Manufacturing Process Efficient order execution Human Resource Development Customer service 95% all Products as
Slide 8: Experienced Management Team
… Experienced Management Team Naveen Sawhney Chairman & MD A Mechanical Engineer and a PG Diploma in Marketing Management. Has an experience of over 45 years in the Cables Industry. His Vast experience, long-term vision, entrepreneurial abilities & strategic planning have led the Company towards gro
Slide 9: With Strong Core Values
… with Strong Core Values Honour Commitments Consistently maintain High Quality Strive for long-term relations and partnerships with customers, vendors and business associates Focus on product-development based on ever-changing needs of our customers Ensure Dignity of Labour Advancement in Technolog
Slide 10: Long Term Customer Relationship
… Long Term Customer Relationship Domestic International Over 20 years of Relationship 10
Slide 11: State of the Art Manufacturing Facilities
… State of the Art Manufacturing Facilities Chopanki Unit Chopanki & Kahrani ❖ Capacity of 30,000 Kms ❖ Manufactures LV Power, Instrumentation, Control & Special cables Rajasthan Kahrani Unit ❖ Capacity of 35,000 Kms ❖ Manufactures Control, Instrumentation, Fieldbus, PV Solar, EPR Insulated & other
Slide 12: Certifications & Client Approvals
… Certifications & Client Approvals ❖ Manufacture cables conforming Type Tested by Major Approvals to International standards such as: EN, BS, IEC, VDE ❖ Hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90 ❖ Quality Management System is ISO 9001:2008 Certified
Slide 13: Awards & Recognitions
… Awards & Recognitions Forbes Best Under a $ Billion – 2008 International Quality Crown Award – 2011 Ratna Shiromani Award International Business Times 1000 Fastest Growing Companies – 2012 13
Slide 14: We are Future Ready
We are Future Ready 14
Slide 15: Key beneficiary of Modernisation and Upgradation of India
Key beneficiary of Modernisation and Upgradation of India Backbone to Key Industries driving India’s Future… Renewable Power Freight Corridor Oil & Gas FMCG Smart Cities Ferrous & non Ferrous Metals Transmission & Distribution Metro Rail Refineries Chemicals Cement LPG Bottling Nuclear & Thermal Pow
Slide 16: With Multiple Growth Drivers across Sectors
… with Multiple Growth Drivers across Sectors Freight Corridor • Indian Railways to build 2 world-class Freight Corridors • Approx. Rs. 2 lac Cr to be spend for Freight Corridors + Electrification & Doubling and for Electrification + Traffic facilities • Railways to make investment of over Rs. 8,00,
Slide 17: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 644 568 502 392 443 ❖ Freight Corridor Projects ❖ Metro Rail Projects FY16 FY17E FY18E FY19E FY20E Rs. Bn. ❖ Smart Cities Speciality Cables at the cusp of growth ❖ Boost to Infrastructure Market
Slide 18: Supported by Technologically Advanced Facilities
Supported by Technologically Advanced Facilities Chopanki Unit Kahrani Unit 18
Slide 19: With the Capabilities to Double the Production
With the Capabilities to Double the Production Key initiatives leading to strong With Cords leadership in Cable Space Industrial growth Low Investment for growth Emphasis on Quality Valued long term Client Relationships Current Capacity – 65,000 Kms p.a. Indian Wire & Cables industry Diverse Portfol
Slide 20: Increasing Focus on Sunrise Sectors
Increasing Focus on Sunrise Sectors Percentage Contribution to Revenues Metros & Freight Corridors Hydrocarbons Power Sector 7% 18% 40% 36% 29% 9% 3% 2% 6% FY15 FY16 FY17 FY15 FY16 FY17 FY15 FY16 FY17 Order Book Break-up Hydrocarbons 5% Total Order book of ~Rs. 112 Crores 4% Metro & Freight corridor
Slide 21: Financial Highlights
Financial Highlights 21
Slide 22: Net Debt to Equity of 0.33 x
Net Debt to Equity of 0.33 x Total Debt Structure as of H1 FY18 H1 FY18 Finance Cost Break up Rs. Crs. 2.2 10.9 1.9 13% 0.6 6.3 87% Working Interest on Suppliers * Bank Total Capital Term Loan Interest Charges Term Loans Working Capital Loans Interest * Bank Charges are inclusive of: ▪ BG/LC Commiss
Slide 23: Q2 FY18 Financial Highlights
Q2 FY18 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) +2.8% +24.2% 87.4 7.8 8.0 70.3 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 EBITDA Margin % PAT (Rs. Crs.) 11.1 +29.8% 1.2 9.2 0.9 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 23
Slide 24: H1 FY18 Financial Highlights
H1 FY18 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) +22.3% +10.2% 167.7 16.0 14.5 137.1 H1 FY17 H1 FY18 H1 FY17 H1 FY18 EBITDA Margin % PAT (Rs. Crs.) 10.6 +31.6% 2.3 9.6 1.7 H1 FY17 H1 FY18 H1 FY17 H1 FY18 24
Slide 25: Profit & Loss Statement as per Ind AS
Profit & Loss Statement as per Ind AS Particulars (Rs. Crs.) Q2 FY18 Q2 FY17 YoY H1 FY18 H1 FY17 YoY Revenue 87.4 70.3 24.2% 167.7 137.1 22.3% Direct Expenses 70.3 54.4 133.6 105.9 Employee Expenses 4.1 3.2 7.8 6.4 Other Expenses 5.0 4.9 10.3 10.3 EBITDA 8.0 7.8 2.8% 16.0 14.5 10.2% EBITDA Margin 9.
Slide 26: Balance Sheet as per Ind AS
Balance Sheet as per Ind AS Particulars (Rs. Crs.) Sept 17 Particulars (Rs. Crs.) Sept 17 ASSETS EQUITY & LIABILITIES Equity 125 Non-current assets 90 Equity Share capital 15 Property, plant and equipment 88 Other equity 110 Long Term Loans 2 Non-current liabilities 17 Current assets 181 Borrowings
Slide 27: Consistent Performance over the years
Consistent Performance over the years Revenue (Rs. Crs) EBITDA (Rs. Crs) 1.2 x 1.3 x 323 33 283 29 263 265 26 27 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 PAT (Rs. Crs) Improving Margins % 2.5 x 9.8% 10.3% 10.3% 10.2% 5 3 3 2 1.0% 1.1% 1.6% 0.8% FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 EBITDA% PAT% 27
Slide 28: Cords Cable Industries Limited contact details
Cords Cable Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74999DL1991PLC046092 CIN: U74140MH2010PTC204285 Mrs. Garima Pant, CS Mr. Pratik R. Shah csco@cordscable.com pratik.shah@sgapl.net +91 97692 60769 www.cordscable.com Mr. Rohan Adhiya rohan.adhiya@sgapl.net +91 98332 19522 www
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